New award for Scania in Brazil

12/13/2002 7:00 AM EST

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Leading heavy truck for fifth year in a row

At present, awards are raining down on Scania in Brazil. Last month,
Scania was voted the truck industry's 'Most Admired Company' by the
leading business magazine Carta Capital, and the Brazilian haulage
association, NTC, has now voted Scania the winner in its category of
'Best heavy truck manufacturer' for the fifth year in a row.

The NTC (Associação Nacional do Transporte de Cargas) award has gone to
Scania for its proven leadership in the areas of quality, technology,
service and pricing. The award was the result of a vote by all of the
association's member companies.

Just a few weeks earlier, Scania was voted 'Most Admired Company' by the
leading Brazilian business magazine Carta Capital. In its verdict, the
magazine referred particularly to Scania's strong brand, innovativeness
and spirit of corporate citizenship.

Commenting on the awards, Emanuel Queiroz, head of Scania's marketing
operations in the Brazilian market said: "These awards are an
acknowledgement of the 45 years that Scania has been operating here in
Brazil. The Scania name has become synonymous with the best truck on the
market, both among people in the industry and among Brazilian corporate
leaders in general."

Scania has built and sold 170,000 trucks and buses in Latin America -
most of them in Brazil - since 1957. About 110,000 of these are still in
service.

Scania's production plants in São Paulo, Brazil, Tucumán, Argentina and
San Luis Potosí, Mexico are part of the company's global production network, and
also supply vehicles and components to the European, African and Asian
markets.

Scania is one of the world's leading manufacturers of trucks and buses
for heavy transport applications, and of industrial and marine engines.
With 28,300 employees and production facilities in Europe and Latin
America, Scania is one of the most profitable companies in its sector.
In 2001, turnover totalled SEK 53,000 million and the result after
financial items was SEK 1,500 million. Scania products are marketed in
about 100 countries worldwide and some 95 percent of Scania's vehicles
are sold outside Sweden.
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